This property is situated in Torremolinos, one of the original Costa del Sol resort towns. The apartment offers 95 m² of living space with 2 bedrooms and 2 bathrooms, configured as a commercial premises currently operating as two separate residential units. Located in an established urban area, the property provides immediate access to local amenities including beaches, shops, and restaurants. With its proximity to Málaga Airport and established rental demand, the property presents itself as an investment opportunity in a mature tourist destination.
Key characteristics of location, homes, project phase and points of attention.
The property is located in a dense urban area of Torremolinos, with direct access to essential amenities within a short walking distance. At just 0.5 km from Playa del Bajondillo, the apartment is positioned close to the coastline. The surrounding area is characterized by its established infrastructure with commercial facilities, transport connections, and residential developments that have evolved since the tourism boom of the late 1950s.
The property's configuration as two separate units allows for flexible accommodation options, suitable for both owner-occupation with rental potential or pure investment purposes. The 95 m² of space divided between a one-bedroom apartment and studio provides practical living arrangements in a town setting where residents benefit from access to communal facilities including a swimming pool and gardens, typical for residential complexes in this coastal region.
The building dates back to 1975, placing it within the initial development phase of Torremolinos as a tourist destination. As a completed structure, the property represents established construction from Spain's early tourism development period. The building shows the typical characteristics of mid-1970s Mediterranean apartment architecture, with communal facilities and practical layouts designed for the holiday rental market of that era.
The property is legally classified as commercial premises despite its current residential use, which may present limitations for certain mortgage products or financing options. The steep slope (10.8%) towards the beach may present mobility challenges for some residents. The urban town setting means private outdoor space is limited to communal areas only. Street parking is available but not guaranteed, which may be a constraint for vehicle owners.
This property would suit investors seeking immediate rental income in a proven tourist location with established infrastructure. The dual-unit configuration allows for flexibility in rental arrangements, appealing to both long-term and holiday rental markets. The property might also interest those planning to use one unit while renting out the other, effectively reducing living costs through rental income. For buyers looking to establish a foothold in the Costa del Sol property market without paying premium prices for newer developments, this represents a more affordable entry point. The central location with good transport links would also suit those planning frequent visits to the property while maintaining rental income during absence periods. However, those seeking a modern build or exclusivity might find this property's age and urban setting less aligned with their requirements.
The property, dating from 1975, displays construction techniques and finishes typical of that period. The existing description indicates a 'fair' condition, suggesting maintenance has been adequate but the property may not have undergone recent renovation. The bathrooms feature functional tiled surfaces with shower facilities, and the kitchens are described as fully equipped but not specified as modern or recently updated. The building includes essential amenities such as air conditioning and a lift, indicating some updates have been made over time. The communal areas including the pool and gardens appear to be maintained to a functional standard rather than luxurious. The property is sold fully furnished, suggesting the focus has been on practical functionality rather than high-end design elements. As a property categorized primarily for investment rather than lifestyle prestige, the finishing likely emphasizes durability and ease of maintenance over premium materials.
The property is listed at €199,000, which includes the entire 95 m² commercial premises configured as two separate residential units. This price point represents the entry level for investment properties in this established tourist area of Torremolinos. With current monthly rental income of €1,650, the property offers a gross yield of approximately 9.95%. The price includes full furnishings and fittings in both units, allowing for immediate rental continuity. The commercial status may affect financing options and could influence the property's long-term capital appreciation potential compared to similarly priced residential properties in the area.
Life in this Torremolinos property centers around convenience and accessibility to coastal amenities. Morning routines might include coffee at one of the 37 cafés within walking distance, followed by a short walk to Playa del Bajondillo for sun and sea. The proximity to the town center means daily shopping can be completed on foot at the nearby supermarket just 102 meters away. Evenings might be spent enjoying meals at local restaurants or the comfort of your own apartment with its separate living spaces. The building's communal pool provides an alternative to beach visits, offering a private swimming option within the complex. The established nature of Torremolinos means a year-round community atmosphere rather than seasonal closure, with local services operating throughout all seasons. The train station just 0.1 km away facilitates easy exploration of the wider Costa del Sol region without requiring a car.
The property is situated in an environment defined by convenience and accessibility to both daily necessities and leisure facilities. Within just 2km, residents have access to 190 restaurants, 24 pharmacies, 11 banks, and 37 cafés, indicating a comprehensive service infrastructure. The urban density of Torremolinos means most daily requirements can be met on foot, reducing dependency on vehicular transport. The proximity to the train station (0.1km) provides direct connections to Málaga and Fuengirola, enhancing mobility for both residents and potential renters. The area is served by 13 public transport routes with 92 stops, facilitating exploration of the wider region without a car. Healthcare services are well-represented with 2 health centers and multiple dental practices within easy reach. Educational facilities including 13 primary and 9 secondary schools are present in the municipality, supporting year-round community vitality beyond tourism.
The property is centrally positioned in Torremolinos, with direct access to the coastline and urban amenities. The location benefits from proximity to the train line running along the coast, connecting to both Málaga and Fuengirola. The surrounding area is characterized by a mix of residential developments, commercial zones, and tourism infrastructure, all within walking distance of the Mediterranean coastline. The steep 10.8% gradient toward the sea is visible in the terraced building placement typical of this part of the Costa del Sol.
Approximate area · exact address shared on request
Torremolinos holds a distinctive position within the Costa del Sol as the region's original resort development. Located 13km west of Málaga city (population 579,076), it functions as both a satellite municipality and independent destination. The town maintains its own identity despite proximity to larger urban centers, with 71,329 residents creating a substantial year-round community. Further along the coast, Marbella (37km, 147,958 inhabitants) represents the upscale evolution of Costa del Sol tourism, while Granada (101km) offers historic Andalusian culture inland. Torremolinos' position as the first developed resort has resulted in a mature infrastructure and established property market, contrasting with newer developments further along the coast toward Estepona or inland toward Mijas.
The property offers exceptional proximity to key amenities, with Playa del Bajondillo beach just 434 meters away, accessible within a 5-minute walk. Three additional Blue Flag beaches (La Carihuela-Montemar, Los Álamos, Playamar) are within the immediate area, providing variety in coastal settings. Málaga city center is located 13km away, easily reachable by the C-1 commuter train from the station just 0.1km from the property. Málaga-Costa del Sol Airport is 6.3km away, approximately 15 minutes by car or train, offering convenient international access. For golf enthusiasts, Campo de Golf Miguel Ángel Jiménez is the nearest course at 1.6km, with two additional golf facilities within 6km, supporting the region's reputation as a golf destination.
| Beach Distance | 0.5 km |
| Malaga-Costa del Sol (AGP) | 6 km |
| Gibraltar (GIB) | 92 km |
| Torremolinos | 0.1 km |
| El Pinillo | 1.9 km |
Source: OpenStreetMap, Google Maps
Torremolinos enjoys a typical Mediterranean climate with an average annual temperature of 18.5°C, supporting comfortable year-round living. The location at 57m above sea level provides elevated views while maintaining proximity to the coast. The region experiences approximately 300 days of sunshine annually, creating favorable conditions for outdoor activities. The swimming season extends for four months when water temperatures reach or exceed 20°C, typically from June to September. The steep 10.8% slope toward the beach creates a distinctive terraced landscape that influences both property positioning and pedestrian movement. The urban nature of the area means natural vegetation is primarily confined to the communal gardens and beach areas, with the surrounding environment characterized by developed residential and commercial infrastructure rather than pristine natural habitats.
Source: Open-Meteo (2020, 2025 average)
The property is situated within immediate proximity of four Blue Flag beaches, with Playa del Bajondillo just 0.5km away, recognized for its water quality and environmental management. These beaches offer comprehensive facilities including lifeguards, refreshment services, and equipment rentals during the summer season. For golf enthusiasts, the area provides three distinct golf options within 6km, headlined by Campo de Golf Miguel Ángel Jiménez at 1.6km. The municipality maintains 193 sports facilities, ranging from municipal swimming pools like Piscina Municipal Virgen del Carmen (1.0km away) to football fields and sports centers. The Circuito Permanente de Orientación Los Manantiales de Torremolinos (0.8km) offers dedicated space for outdoor activities and sports events, supporting an active lifestyle beyond beach and water-based recreation.
193 Facilities Available
Source: Blue Flag 2026, OpenStreetMap, CSD
Torremolinos holds a distinctive position within the Costa del Sol as the region's original resort development. Located 13km west of Málaga city (population 579,076), it functions as both a satellite municipality and independent destination. The town maintains its own identity despite proximity to larger urban centers, with 71,329 residents creating a substantial year-round community. Further along the coast, Marbella (37km, 147,958 inhabitants) represents the upscale evolution of Costa del Sol tourism, while Granada (101km) offers historic Andalusian culture inland. Torremolinos' position as the first developed resort has resulted in a mature infrastructure and established property market, contrasting with newer developments further along the coast toward Estepona or inland toward Mijas.
Torremolinos is a municipality in Andalusia, southern Spain, west of Málaga. A poor fishing village before the growth in tourism began in the late 1950s, Torremolinos was the first of the Costa del Sol resorts to be developed and is still the most popular in the region.
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Very Steep
Ref: VL278893
Source: Wikipedia, Wikidata, INE, Junta de Andalucía
When compared to similar investment opportunities in the region, this Torremolinos property represents the lower end of the pricing spectrum. The Aquamar development in Torre del Mar starts at €269,950, while Lantana Residencial in Mijas begins at €205,000, both significantly higher than this property's €199,000 price point. Even Etherna Homes 2 in Estepona, further along the coast, starts at €259,000. What distinguishes this offering is not just its price but its status as a completed, income-generating asset rather than a new development requiring completion. Compared to newer constructions, this property lacks modern energy efficiency certifications and contemporary design aesthetics but offers immediate rental returns without construction delays. The Torremolinos location differs from emerging markets like Estepona in that it represents an established tourism destination with proven year-round demand rather than an up-and-coming area with growth potential. This maturity translates to predictable rental patterns but potentially lower capital appreciation compared to developing areas of the Costa del Sol.
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